Washington Commanders select joint venture to build approximately $3.8 billion NFL stadium
The Washington Commanders have selected a joint venture comprising Clark Construction, Mortenson, and Smoot Construction of Washington, D.C., to build a new NFL stadium in the capital. The venue will have a building area of 1.8 million square feet and accommodate approximately 65,000 people, with construction expected to begin in spring 2027 and be completed by spring 2030. The total project cost is reported at $3.8 billion, and the contract amount for the joint venture has not been disclosed.
Winning project:New NFL Stadium
Contract value:Undisclosed; total project cost reported at $3.8 billion
Project location:Washington, D.C.
Owner:Washington Commanders
Washington, D.C., is getting a new "scoring team."
According to a team press release, the WashingtonCommanders have selected a joint venture of Clark Construction, Mortenson, and Smoot Construction of Washington, D.C.to build a new NFL stadium in the nation's capital.
The venue will be built on the former Robert F. Kennedy Memorial Stadium site, encompassing 1.8 million square feet and serving as the centerpiece of a 180-acre campus. The campus is planned to host more than 200 events annually, including international sporting events, concerts, and festivals. The stadium will be enclosed with approximately 65,000 seats.
The project is reported to cost a total of $3.8 billion, but the contract amount for the joint venture was not disclosed. Washington, D.C., Mayor Muriel Bowser stated that the Commanders will invest at least $2.7 billion, markingthe largest private investment in the city's history. According to the Associated Press,the city government will contribute $1.1 billion。
The joint venture members have deep track records in building high-end sports and entertainment venues across the United States.
Take Clark Construction, headquartered in Bethesda, Maryland, for example; the company has been involved in buildingNationals ParkandCapital One Arena, which are the home venues for Washington, D.C.'s major men's professional teams in baseball, basketball, and hockey.
"With our extensive experience delivering projects that have shaped the D.C. skyline, we share the Commanders' commitment to creating a world-class entertainment destination and ensuring the stadium's construction leaves a lasting legacy for the Washington community and beyond," said Lee Delong, CEO of Clark Capital Group, in the press release.
Meanwhile, Minneapolis-based Mortenson also has NFL venue construction experience. The company previously partnered with St. Louis-based McCarthy in a joint venture to build the$1.9 billion Allegiant Stadium。
for the Las Vegas Raiders.
According to the press release, preparation work at the RFK site began in June. Construction of the new stadium is scheduled to begin in spring 2027, with completion expected in spring 2030.